Adaptation

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If You Think Big Data’s Challenges Are Tough Now

Although workers and consumers generate two-thirds of all new data, that’s about to change. Sensors and smart devices — from traffic lights and grocery store scanners to hospital equipment and industrial sensors — are beginning to generate an enormous wave of data that will increase the digital universe ten-fold by 2020. Guest blogger Randy Bean, CEO of NewVantage Partners, explains what this means for executives trying to adapt to a rapidly changing, data-centered business environment.

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The Delta Model: Adaptive Management for a Changing World

On the basis of research into 100 enterprises, the authors developed a helpful strategic tool, the Delta Model. Companies using the framework define strategic positions that reflect new sources of profitability, align the strategic options with their activities, and establish processes that adapt well to change. The researchers outline practical mechanisms for obtaining feedback from the adaptive processes, and they offer critical metrics to track performance.

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